global refined cotton market

Global Refined Cotton Market is Projected to Reach US$ 576 Mn by 2024

The refined cotton is a main material for producing cellulose ethers (for example, CMC, HEC, HPMC, MC), nitrated cellulose (nitro-cotton) and cellulose acetate, and is widely applied in the fields of coating, petroleum exploitation, building materials, textile, food, daily commodities, medicine, papermaking, electronics, aerospace, plastics, and is known as “special industrial monosodium glutamate”.

China is the largest producer of refined cotton, the production status of the country impacts the whole industry directly. Due to the stricter environmental policy in China, production of refined cotton decreases. Besides, the refined cotton produced can't meet the quality demand of the downstream industries. Those issues have resulted in bad effects on the industry.

· In terms of form, refined cotton can be divided into the industrial grade and food grade. Industrial grade owns more than 805 share

· One of the major challenges for the Refined Cotton market is the environmental issues. The industry will produce large amount of the waste water with pollutant, manufacturers are puzzled by the wastes and have to cost much to those pollutants.

Global Refined Cotton Market: Forecast by Nature

Although the industry is shrinking, rigid demand of refined cotton still exists. Refined cotton is a main material for producing cellulose ethers (for example, CMC, HEC, HPMC, MC), nitrated cellulose (nitro-cotton) and cellulose acetate and so on. Refined cotton will not be easily replaced and has a certain market potential in the short term.

Global Refined Cotton Market: Forecast by Application

Refined cotton has many applications including cellulose ethers, cellulose acetate and nitrocellulose etc. Cellulose ethers are the largest consumption field. In 2017, refined cotton consume amount in cellulose ethers industry was 336.5 kilo ton. Cellulose acetate is the second largest consumption field with consumption amount of 225.6 kilo ton in 2017.

Global Refined Cotton Market: Forecast by Form

This segment includes industrial grade and food grade. In terms of volume, industrial grade is expected to remain dominant in the global refined cotton market. Industrial grade segment in the global refined cotton market owns 82.81% share in 2017.

Global Refined Cotton Market: Forecast by Region

North America, Europe, China, Other Asia and CIS are the five regions that are included in this report. China is the dominant market in the global Refined Cotton market in terms of production and consumption. Chinese Refined Cotton output reached 462 K MT in 2017, holding 65.76% share. North America, Europe and CIS regions also play key roles in the development of refined cotton.